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Businesses can save on taxes and reduce their audit potential with an S Corporation election

by Bill Houston | Jan 25, 2023 | Business Entities, Reduce Your Taxes

The S Corp election is the super tool that can both reduce tax liabilities and audit risk at the same time. Successful sole proprietorships and LLC’s can face higher tax rates due to being subject to both the ordinary income tax and the self-employment tax.  They also...

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